This weeks decline in stocks & bonds

The VIX index “the measure of stock volatility” raced from below 20 to a 2-year high of 29 this week.

Interest rates continue to rise in the wake of the bearish FED and overtones from their last meeting in December. As of Tuesday, January 11,2022 the US 10 year Treasury bond was yielding 1.87%, the 5 year 1.65% and the closely watched 2 year 1.06%

 These may seem like paltry rates of interest to get on government bonds, but guess what these rates are up significantly since the beginning of the year.

 As you probably know, bond prices go down when interest rates go up and the 10-year US Treasury Bond is usually used as the benchmark security to which further interest is added to get to Corporate Bond rates and the like.